EgonKuhn

More trimming of FTK.DE

I bought MMC solely for diversification, as they primarily serve a different customer segment. Since I'm still very new to the industry, I found this helpful in getting to know it better.

Thank you very much for your description of how Wells Fargo typically works with regard to its ratings and your investment process. I have to admit, I really appreciate @Spekulatius ability to not only identify the core of the issue but also describe it succinctly. But I equally value your or @Parsad's ability to recognize patterns with decades of experience and then simply apply them consistently. That may look simple to an outsider or even to yourself, but ultimately, it isn't.

I can only find a reference to a "underweight" rating with raised target to 36 USD from Wells Fargo on July 10th. Is there something current with a more positive view from them since then @dealraker?

@John Hjorth CFM ist probably this: Everything You Need to Know About the Chartered Financial Manager (CFM) Designation

Thanks for sharing both articles @John Hjorth and nice greetings to Denmark from one of these stubborn grumpy Germans in the South I like the disciplined approach of L'Oréal. According to the article most of Armani's EBITDA comes from their royalties, so the remaining part of the business doesn't seem to be so great in the first place. I suspect Giorgio Armani would have been better advised to finalize the succession plan for his company while he was still alive. That could get a bit ugly, given the current weak phase of the industry.

Bought a small initial position in FI to add it in my payment basket (3769.T, ADYEN.AS, AXP, FIS, PYPL)

Bought a small initial position in FDS.

Finally sold my INTC position losing one third of my money after I bought it in October 2020 and have "enjoyed" the rollercoaster ride ever since.

Thanks for banging the drum here! I follow your posts and this topic for years now always waiting for an entry point. Once you must put the foot in the door and for me it's time.

Maybe some parts of the story even align - a bit softer markets, a bit less volume, some AI scare - to feed a self-reinforcing bearish view on the whole broker sector. With some really good prices in effect. For me it's enough to hold my foot a little in the water.

Added to my PUIG.MC position. I made a new topic about it after seeing it never been mentioned here.

Bought two small initial positions in MMC for some broader exposure to the insurance brokers and in ACN as part of my (IT-)Services basket.

Made a small initial position in BRO for some motivation to learn more about the insurance brokers.

YouTube seems to make machine generated closed captions for about any clip there. They are not perfect but it helps for someone with english as a not-native-speaking language. So I thought about something like YouTube for podcasts ;)

Is there any chance for a transcript or closed captions - maybe via a third party service or reuploading with another podcast service?

Just use Firefox, take the base URL (http://webcache.googleusercontent.com/search?q=cache:https://seekingalpha.com/article/3968300-apple-aapl-timothy-donald-cook-q2-2016-results-earnings-call-transcript) and turn off style sheets via menu entry: View->Page Style->No Style Then you can read the entire transcript in one page.